RegTech

Valimail secures $45m investment from Insight Partners

Email authentication platform Valimail has received $45m Series C investment from Insight Partners bringing its total funding raised to $84m.

Visa’s advanced authorisation technology has prevented $25bn in annual fraud

Visa has revealed its advanced authorisation technology, which is powered by AI, has helped institutions prevent around $25bn in annual fraud, according to its latest analysis.

Expel closes Series C round with $40m

Cybersecurity startup Expel has bagged $40m in Series C funding round led by Index Ventures.

Sensitive data solution Text IQ collects $12.6m in its Series A round

Text IQ, an AI solution for identifying sensitive data, has collected $12.6m in its Series A funding round.

Defendify raises $1.6m in its pre-seed round

Defendify, a holistic cybersecurity platform for small businesses, has raised $1.6m in its pre-seed funding round.

Singapore and UK authorities team up to conquer cybersecurity

The Monetary Authority of Singapore (MAS), the Bank of England and the Financial Conduct Authority (FCA) have agreed to work together to boost cybersecurity in their financial sectors.

Reserve Bank of India fines HDFC INR 10m for KYC/AML fines

The Reserve Bank of India (RBI) has deployed an INR 10 million ($143,570) fine on HDFC Bank for failing to meet KYC and AML compliance and the reporting of frauds.

FCA reveals results of its investigation into defined benefit scheme transfers

The UK’s Financial Conduct Authority (FCA) has released the results of the data it received from firms carrying out Defined Benefit (DB) transfers and has revealed its next steps in its supervisory work.

FinTech backer Polaris Partners picks fund size consistency with Fund IX launch

Polaris Partners, a buyout firm which has backed promising fintech startups in recent years, has launched its ninth flagship vehicle.

Face, object recognition developer AnyVision gets $74m Series A financing

Computer vision developer AnyVision, whose recognition software is being used by businesses ranging from banks to sports stadiums, has secured a $74m Series A funding round.

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